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Adelaide Australia To Get $20M Technicolor VFX Studio

French visual effects conglomerate Technicolor will establish a 500-person visual effects (VFX) center in Adelaide, South Australia, with planning under way to build a $20.4 million (AUS$26 million) 3,000-plus-square-meter studio that will go under the new banner Mill Films.

Mill Films will initially deliver visual effects for major film studios and streaming services, with planned expansion into emerging opportunities in virtual and augmented reality. It will house an Adelaide Centre of Excellence and VFX Academy, together accommodating 500 people—ranging from technologists to artists—when operating at full strength within five years.